₦airaland Forum

Chekwume16:
What happens in sapele will shock the world. The kind of money small boys spend there from Internet scam and crimes is unprecedented. I couldn't get a hotel of 10k when I visited sapele last time and the security agencies have turned a blind eye to activities in that locality

Tell me more

Does this apply to Asaba and Warri as well?

nedu666:
Of course it includes export. When exporters make dollars what rate do they convert their dollars to naira

Too bad. I wonder what the rate is in Ghana or Benin Republic. An alternative would be to exempt exporters from clearance at all, as well as those who import equipment and machinery.

femisplash:
On the monetary side, you're right, however, on the fiscal side, government needs to protect local industries, not banning all importation as you have alluded.

Does this cargo clearance include exports from Nigerian ports?

stacyadams:
My guy dey collect 90k salary ,he go rent 2 bedroom flat for Ikeja ,rent don expire him no fit. renew ,them give am notice,he no take am serious,on a good morning Dem throw him things out..now this na person wey dey carry woman almost.. every day like say na curse...u dey owe rent,u still dey carry woman hup han Dan .na that one vex landlord pass..I no dey around I drop key for am make he cum my side ..the werey still carry the same habit come here...my rent don expire ,I don settle half,na the other I dey find ...we suppose split am but him womanizing habit I don change mind...him go soon understand it's cold outside by timaya..some people dey carry woman sha...

Your friend is an irresponsible man. Stay far away from irresponsible people. It can be contagious.

Otunbakayce:
So a company that produces ion water is supposed to replace the one that produces important varieties of drugs?

It is no concern of Otsuka that GSK left Nigeria or P&G restrategised her investment in Nigeria. If you really want more companies specifically producing drugs, start yours or call for more FDI. But lying that Otsuka is not a major company or pharma company is not acceptable.

How is otsuka a major pharma company?

By African standards, and even Japan's standards, it is a major pharmaceutical company.

pocohantas:
We have brought out facts and numbers. At no point in banking has there been more females. Tell me the two banks and the year, I will go download their annual report and bring the gender ratio for that year NOW.

If you were indeed a banker in two top banks, you would also know where to get this information. Read through the thread and you will see the gender ratio for TOP banks. Even FBN with most coverage has a whoopings 61% to 39% of males to females. So which top bank did you work in that employs more females?

It is hard dealing with most Nigerians. Facts have been presented, yet they argue stoopidly! Good enough this thread exists and unsuspecting, ignorant and arrogant readers go through it. Next time, hopefully, they would not open their smelly mouths waaaaaaaaa

seguno2:
Because there is a limit to what sheer luck, in this case BP aka Bottom Power can get you, without matching intelligence that is seriously exercised in diverse ways.

Not true. What that reddington fellow implied does not tally with the statistics posted on this thread. Women don't dominate the executive positions in banks simply because they don't constitute the majority of employees. Upon the figures put out, he still foolishly believes women rise faster in career ladders. If so, why are they not CEOs? Why are they not the majority gender across all banks?

Otunbakayce:
What sort of dead propaganda is this?
This company isn't a pharma company you APC morons.

C'mon! I don't support the APC, but Otsuka is a major pharmaceutical company headquartered in Chiyoda-ku, Tokyo. Any firm with its HQRTS in Chiyoda is a formidable and reputable one.

LegallyBlunt:
But how does Ogun have so many industries? They're definitely doing something right. My problem is that I hope our guys working there would earn well and be treated well by these Asians.

Japanese companies treat their employees, foreigners or natives, as similar as westerners. However, the workers have to work, be punctual and honest. They would work o, but they will be treated well.

It is a big investment.

reddingtonblack:
You havent post the proof, how are we suppose to learn,
i don't know about numbers but i believe the females easily climb high in the banking sector ahead of the males cos of their propensity to meet target

So how come the majority of bank CEOs are not women?

Some of you talk anyhow.

mclloyd22:
To cheat is now expensive.. you go pay hotel, buy fuel, give the girl small tip depending on your level of tip, buy condom 2500.. ihe nkea sef

Brostitution is an expensive hobby. Fine, all hobbies are expensive since there is immediate or no monetary reward at the end. But the ROI on brostitution is way below the risks involved. For lower/middle class men, it is pointless as they spend double - on family and sexual affairs. The risks involved due to the possibility of contracting an STI/STD is why I am not convinced that it is a good way to enjoy oneself. I like raw sex where I cum like a boss (according to Aro1), but with all kinds of diseases flying around, is it worth it? I like to suck breasts, vagina and get my anus licked beautifully. I love the vagina. But the risks involved are scary. Abi is there a machine that does a quick test for HIV, Hepatitis A, B, C, Chlamydia, Gonorrhoea, Syphills etc., at the same time?

Seems cheating has become a rich man’s game. When I remember Pareto’s Principle, it means the rich get everything. Having money is a good thing!

Kipaji:
Baba, you are welcome.

("Baba" means "bro" in Nigerian pidgin, right?)

Baba is a Yoruba term to describe an elderly man. As I am not yet elderly, bros is preferable. Bros colloquially bro is used for young men in Nigeria. It also depends on how old you are (since you are referring to me).

Nevertheless, I appreciate the compliments.

Direct experience of the working of Nigerian sexconomics. Good.
I heard that the vast majority of hotels sustain themselves by "working" with prostitutes/pimps. The objective is that the prostitute take her client to the particular hotel. Is that true?

In crude analysis, there are three layers of hotels/motels/guesthouses/inns in Nigeria. Location matters in how a hospitality outfit might be perceived. Using Lagos, a guesthouse in the heart of Akin Adesola, Victoria Island, would be considered classier than a hotel in Ojo/Okokomaiko. The patrons at that guesthouse would never want to find themselves at the hotel in Ojo, regardless of the nomenclature.

First layer: Standard hotel that relys on corporate guests, business travellers, tourists, diplomats visiting that area. Again, using Lagos for easy understanding: this includes the likes of Eko Hotel and Suites, LegendCurion, Marriot etc.

Second layer: the good hotels, which accept everyone provided the person can pay. These are scattered across every nook and cranny.

Third layer: the ones who serve midnight travellers. These are more of guesthouses and inns.

There are many classifications beneath what I have outlined. So, it is dependent on many factors.

Now, to your question: Hospitality outfits within the second and third layers can work with such ladies. But not the first. However, what escorts with voluptuous body sizes, beautiful faces, succulent breasts, yummy faces and legs coupled with charisma do is to lodge in hospitality outfits in the first layer to scout for customers. Obviously, because she lodges at LegendCurion, her patrons would be moneybags. This is called market positioning. To compete in the sex market, one needs to be proactive, spend money to make more money and offer dazzling sexual services (cum-in-mouth, cum-on-body, cum-on-face, anal rimming etc). This model works across all, but does not make say a hospitality in the third layer to be termed a brothel. That term is specifically meant for a place where men go to seek women to fvck there. A brothel does not cater to travellers or students going into a city to write an exam.

Additionally, if I am to wager, I would say 50% of hospitality outfits (lounges, clubs, recreational areas, hotels, guesthouses etc) would shut down if Nigerian men become faithful or celibate. While 75% of restaurants would close shop if the same thing happened. The reality is that a lot of hotels (used here to describe a place where people lodge regardless of class) depend on the sexual relationship between the Nigerian man and his woman. Because Nigerian men term themselves to be polygamous, they have given themselves the right to fvck at will. It is why when people lampoon these sexual escorts, I am annoyed because I have come across MANY MEN who would do anything just to fvck. They cut across many industries: politics, academia, business, trading, corporate etc.

Wow. Thanks for the insights. According to you, can a hotel survive and thrive without "partnering" with prostitutes/pimps?

Yes. In reality, any hotel can thrive by not pandering to prostitutes. Literally any. My parent, especially my mom, never liked the aspect of girls lodging whereas our competitors cherished it. That decision, though, sieved our clientele base as more refined men preferred our outfits because they were quieter, cleaner and more private. So yes, a hotel can survive without such.

The snag is that as a hotel, you cannot know what a man and woman, and sometimes man and man, are doing in the hotel room. The ones who do so are religious hotels (largely owned by religious bodies and prudish people) - they explicitly state that they don't accept boyfriends and girlfriends regardless of their ages. However, they rarely receive lodgers. Still, when they do, their lodgers tend to be religious clerics or standard lodgers regardless of gender, provided the lodger agrees not to bring someone of the opposite sex into the premises. How they can fight the growing tide of homosexuals is yet to be seen.

So, like Prof. Guobe, you believe that the demand for oloshos is inelastic. The effect of the condom price increase on promiscuity is small. Guys will still take the risk. And this would lead to severe negative externalities like STD/STIs propagation. The situation is worrisome

The demand for sexual escorts is constant. It never will plummet, regardless of the economic situation in Nigeria. In fact, the prices escorts charge would further plunge as the economy bites harder in Nigeria especially outside those locations I mentioned in my first post. This makes sex cheaper. As I said, there is a new 18-year-old girl every day in the country. I already explained everything here: https://www.nairaland.com/7684230/how-reduce-hook-ups-nigeria

Man's urge for sex is biological and eternal. It is a given.

The price of condom would not hinder or reduce its demand. However, poorer men might want to take the risks, which is ill-advised as the STI risks outweigh the ephemeral joy derived. My fear about the price surge in condoms lies more with married couples who use it as a contraceptive. Just like STI, the costs involved in raising a child one did not plan is something I would not wish on my enemy. Raising children is expensive. To such couples, I strongly recommend vasectomy or a more medical option for the woman, which has fewer side effects. Another fear is with teens and growing adults who want to experiment with sex. Because it is more expensive, ignorance coupled with youthful exuberance might compel them to do Nigga Raw (a one-time popular Nigerian musician), but the risks of an unplanned pregnancy does more harm than good to both parties, especially the female.

👏👏👏 That's the most thorough analysis here so far, Gerrard. There are several factors influencing Nigerian sexconomics. I did not think about the place of hotels, location and travelers in the whole dynamic. Thank you for your input.

Managing my parents' hotels exposed me to how Nigerians see sex. I mingled with many people strictly on the basis of sex. I have negotiated with escorts in the middle of the night. I have referred escorts to customers and vice versa. I have coached and even done a simple math analysis for customers who bemoan how much they have spent but derived minimal joy. I have also assisted escorts to hide from wild customers who want to inflict harm because they have spent a lot. I have worked with pastors who headed big churches, and laughed and joked with senior civil servants and business people. I recalled when I entered a taxi to the city centre and saw the poster of a customer on his dashboard. I asked the driver who the man was, and he replied, "He is my pastor. He is a strong man of God. He is very powerful." Meanwhile, that man checked out very early from one of our hotels. I smiled afterwards.

I do intend to write a detailed article on the A - Z of sex in Nigeria and publish it on my website. But first, I fund research to answer certain hard questions Nigerians from all walks have about sex.

Don't let anyone lie to you; Nigerian men love sex, and they love it so much.

Kipaji:
Insightful analysis. I did not think about indifference curves. Porn consumption will skyrocket even more in Nigerian society.

With the advances of technology, sex dolls will eventually become cheap enough for a considerable proportion of the Nigerian male population to afford. This will completely disrupt the sexconomy of Nigeria.

Why it is not common is surprising to me. One reason could be that sex is cheap in Nigeria. But it (sex) is expensive in the abroad, yet it is not a ubiquity. The argument is that Nigeria is a conservative country, but vibators are rife amongst women, both in the liberal pretentious south and conservative north. If Emirati women can patronise vibrators, I want to believe sex dolls should be patronised by Nigerian men. However, I think the stigma behind owning such as a man would be deadly. Masturbation, which is common, biological and healthy amongst men, is vilified. Then imagine for sex dolls.

However, I presage that as sex with women gets more commoditised, and young men cannot keep up, they might resort to sex dolls. Anyone who enters the industry has his hands full in convincing men to use a doll to relieve themselves. But if successful, that man would never remain poor.

That said, should it be popular, it would disrupt the sexconomy, not just in Nigeria, but globally. Guess who will be the biggest opponents? Women. Marriage rates would plummet.

Procashtips:
I don't or never did any of the above scenerio.

The only woman I took to the beach or whatever is my wife.

I never took any other person I had sex with anywhere or spend anything special.
Even TF was negligible

You pay by commitment. If you don't fulfill your husband duties, you won't have sex. If you think I'm lying, ask men who cannot or don't provide in their families whether their wives offer sexual comfort.

Procashtips:
By paying at a point, kindly elaborate.

Nothing is free but have to part with money specially for the purpose of having sex is what I'm talking about.

You took a girl to the beach, ate, drank and took pictures. Then on your way home, you both had sex.

I got the same girl's number on an online dating site, negotiated prices. Afterwards, she came to my hotel room and we had sex.

What difference does it make?

Special thanks to Kipaji and efficiencie for the graphs and hilarious comments.

I have previously written here that my parents built their wealthy by owning hotels, which I managed. So, I know the economics behind sex in Nigeria. I have dealt with sexually starved men and seen the extent Nigerian men can do to put their heads inside.

To the topic, Durex has always been expensive depending on the pharmacy it is purchased from. Because of these married men – the majority of men who patronize these girls are married – would not want to be seen with condoms, they rarely take condoms home. So, as a hotel, it is extremely important to stock them for customers’ patronage. As a business, I marked up the price by 200%. It is your choice as a customer to decline buying, but when the sex escort declines to have raw sex (a significant number did raw sex), they resort to buying the condom. I mandated the condoms must be sold in packs rather than sachets, but many men complained since they don’t get to use all the sachets. So, I bent to their wishes by implementing the sachetization of condoms.

The most affordable is Gold Circle, but as inflation hit Nigeria hard especially as the incompetent feudalist by name Buhari ascended to power in 2015 and continued for eight years, GC prices soared. But even as GC prices ballooned, so did Durex. There are alternatives like Kiss, RoughRider and many I cannot tell. I even had a customer who worked with USAID who supplied me with USAID approved condom. I had one who supplied me with UN approved condoms. They were free to me, which I sold at twice the rate of Kiss – which customers preferred.

Durex by patrons is confirmed to be the best and as it offers varieties depending on the user’s desires, it is covers everyone. But it is the most expensive which is easily assessible. There is one by name Ultra black something I cannot recall whose price was very high, but promised near-raw feeling. Near-raw because if it didn’t dey, it didn’t dey.


Whether promiscuous men will reduce their lascivious activities, that would not happen. I had customers who thronged in during COVID. Some men cannot do without sex – it is hormonal, cannot blame them sha. The use of porn majorly works with younger men, not older men who are the major customers and biggest spenders. The demand for sex is very high in Nigeria. The price increase will no doubt lead to an increase in STD/STIs as poorer men will want to risk it. But I strongly advise against this because the benefit in sexual intercourse with various women is very minimal compared to the risks.

The economy does affect escort prices especially outside Lagos, Abuja and Port-harcourt. The prices of escorts has remained steady in parts of Lagos like Lekki, VI and some parts of Ikeja. The same applies to Asokoro, Maitama and Wuse 2. Increased supply of yummy, succulent and beautiful girls should bring down prices, one might think. After all, there is a new 18 year old girl every day. But there is this seemingly belief amongst girls that they would get one big spender, partly true in those locations. But as Nigeria receives fewer tourists compared to say South Africa or Namibia, the number of big spenders will decrease.

So, prices should reduce outside those abovementioned locations. Overall, demand would remain constant. There is a hooge demand for sex by Nigerian men. It is not going anywhere anytime soon. In fact, my advice to escorts is to position them for diasporan folks who will visit Nigeria sexually starved. Except for married men, very few Nigerian males who emigrated recently dey fvck steadily.

To them, £100 will be nothing. To you as an escort, it is everything.

Procashtips:
So men are still spending money to have sex?

Madness.

Every man pays for sex. Sex has never been free. You pay at a point.

What are we importing from Malta?

googlepikins:
watch how lazy brown envelop Nigerian medias will make it look like its only applied to Nigeria alone.

Mumu occupation

Aside from Indians, we have the highest ratio of dependants. So technically, we are being specified.

ednut1:
No Japa route lasts for ever. Visit Visa to the USA and adjusting status was a thing years ago. Today even visa date na war. 2015 to 2022 Canada PR was not that hard, today he don hard. Germany, UAE, China etc don hard. Now that UK wants to close the door there will be more opportunities for those that got in.

I recalled my dad gisting me about his village brother who relocated to Canada in 2015. The man closed down his businesses in Lagos and sold everything including the houses he owned there and in the village. He moved his wife and FIVE children to Canada. Then, less than 500 Nigerians had applied through EE, and he did not spend more than I think two million naira in processing everything.

He should have become a citizen by now. When I recall his case and how things be now, I smile.

Raalsalghul:
U.K always trying to be smart by half.

They should have started by cancelling student visas and their dependents and leave their educational institutions for home students.

Oh I forgot, they need the money: those shiny piece of wand notes.

They are not being honest and sincere. Compared to, say, Japan, South Korea and Singapore, which increase the financial requirements for foreign students and close down unqualified schools, the UK drags its feet regarding the closure of "mushroom universities". Why they do so, I don't know.

But from the comments I read in those newspapers, it was expected. The Brits were angry.

Go and conduct a test at a laboratory centre. The result determines your next point of action. Did you have unprotected sex with the girl before the sex worker?


That said, this is my issue with sexual intercourse with different women. While it is interesting and fulfilling to the preek and testosterone, the risks are not worth the stress invested. The ROI on brostitution is too poor considering the risks involved.

Hopefully, I focus on visiting various restaurants to eat, buying and reading books on various topics and travelling as things to indulge in.

I read the comments by Brits in the Telegraph and Financial Times, and they come across as angry that immigration soared, whereas BREXIT was supposed to reduce the numbers.

So, the Conservative Party is doing what its supporters desire. Even the Labour Party Chief, Mr Keir, has complained about the rise in immigration.

shegzee43:
You think Indians are better than Nigerians in terms of honesty? My God, you haven't seen anything. They always show up with that mien of piety. They will shock you afterwards.

Which is why I said I don't know how they do it. But every entrepreneur can't say the same thing and it is false. Indians managing the operations on behalf of their Nigerian owners must be doing something right. Na why I wan give them stake in the firm.

ultron12345:
Depends on the perspective of the person speaking.

Employers tend not to like them, but Business owners love them.

I'll speak based on my experience with them, as a business owner.

Several years ago, I had serious difficulties managing various businesses I had set up. The staff dealt with me. Forging of invoices, theft of inventory, inflation of contracts, there's nothing they didn't do.

The Nigerian workers were out to finish me.
Like they say, "where person dey work, na there e dey chop, hence the name, workchop (workshop)".

To put it shortly, I eventually got an Indian manager for one of the businesses and it worked like magic. Business began to be good. Profit began to come in. For the first time, I could be away and still be confident and relaxed that my business is in good hands. Apparently, the business troubles we had been having weren't because of "bad economy", it was because of "bad workers" who were out to build houses on my head.

I read the post you quoted some weeks back and as someone who had managed the family's business, I knew competency wasn't really the issue, but honesty. So, I agree with you wholeheartedly. I don't know how the Indians do it, but I am very open to employing them to run everything. Even if na to give them a stake in the company, no problem.

ChybuzzDD:
The entire Asians are like that.

They have a terrible work culture.

With the terrible work culture, they have built successful and functioning societies.

Wetin we black Africans don do?

So, this man who co-founded Banwo and Ighodalo cannot speak his native language?

sageb:
Seyi Shay is now a mother.
Although she's not married yet.

The Ini Edo way.

Congrats to her.